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Feb 19, 2013
02/13
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a start on that in obama care. we need to go further and further in medicare and do further in medicare. at the same time, with an aging population and rising health care costs we need to bring taxes above where they are now and bring them relatively far where they are now. simpson-bowles had 2.5 trillion in tax increases and new one today a total $1.2 trillion. washington has moved so far to the right on tax and not worth trying any more is their point. it is worth saying if we don't want to make dumb cuts to the government go higher on taxes and into entitlements and not should be doing more damage to the everything else part of the budget. the education and first responders and all of that. we have cut enough there. no more. >> you bring your simpson and bowles. they released more of the detail today about the deficit reduction plan they have. here is what they had to say on "the daily rundown" this morning about that plan. take a look. >> they can scoff all they want but either get your country on course and fo
a start on that in obama care. we need to go further and further in medicare and do further in medicare. at the same time, with an aging population and rising health care costs we need to bring taxes above where they are now and bring them relatively far where they are now. simpson-bowles had 2.5 trillion in tax increases and new one today a total $1.2 trillion. washington has moved so far to the right on tax and not worth trying any more is their point. it is worth saying if we don't want to...
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Feb 19, 2013
02/13
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congress heads into the frantic sprint to the deadline next week, how much influence will president obama have on republicans? a month ago the president signalled he would be doing more outreach towards capitol hill or at least more in-home entertaining. >> personal relationships are important, and obviously i can always do a better job and the nice thing is that now that my girls are getting older, they don't want to spend that much time with me anyway. i'll be probably calling around looking for somebody to play cards with me or something because i'm getting kind of lonely in this big house. >> senate republicans have not yet seen any evidence of that so far. according to politico, four gop senators who could potentially help the president find common ground are reportedly getting the cold shoulder from the white house. reid epstein writes, "they would like to have a conversation, or at least get a phone call, and with the president's whole agenda on the line, they're surprised that hasn't happened yet." so the president says his door is open, and republicans are waiting for a call. bot
congress heads into the frantic sprint to the deadline next week, how much influence will president obama have on republicans? a month ago the president signalled he would be doing more outreach towards capitol hill or at least more in-home entertaining. >> personal relationships are important, and obviously i can always do a better job and the nice thing is that now that my girls are getting older, they don't want to spend that much time with me anyway. i'll be probably calling around...
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Feb 27, 2013
02/13
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CNBC
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president obama does okay on that score. he's 48% of the country say he's trying to bring the country together. 43% say he's taking a partisan approach. but republicans get hammered by the public. only 22% credit republicans with trying to bring the country together. three times that many just about, 64%, say they're driving the country apart -- in a partisan way. and when you look at the issues at stake, each side has some advantages. but -- from the democratic point of view, looking out for the middle class, 22% advantage for the democrats. on the issue of taxes which is traditionally a republican strength, democrats have a small advantage plus 3%. republicans on the flip side, who would do better at protecting a strong defense? 26% advantage for republicans. who'd do better at reducing the deficit? 6% advantage for republicans. so each side brings strengths to this issue. but president obama clearly has the high ground in terms of the bully pulpit and trying to put pressure on republicans. he hasn't been able to put enoug
president obama does okay on that score. he's 48% of the country say he's trying to bring the country together. 43% say he's taking a partisan approach. but republicans get hammered by the public. only 22% credit republicans with trying to bring the country together. three times that many just about, 64%, say they're driving the country apart -- in a partisan way. and when you look at the issues at stake, each side has some advantages. but -- from the democratic point of view, looking out for...
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Feb 28, 2013
02/13
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>> you know, i was an obama guy. i really believed that -- >> see, was is the operative word. >> joe, you said you wanted to haircut somebody out. >> i said a flowbee. >> here's mary. >> take 0.3 of an inch. >> 0.03 of an inch. >> he's willing to take 3% off. >> why don't we just give it to you and you take it over there and cut it and then bring it back here. >> randomly, mary. that's the idea. it's a random 3% cut that he's willing to do. >> it's across the board. 3%. >> it's not considered, right? >> it's just -- >> you are like the pope giving sex advice. you have no idea about what people do with hair. listen to me. do you know what a flowbee is? >> i don't. >> a flowbee is that vacuum cleaner -- >> where's barry? >> come on in there. >> where you put it on and it pulls your hair up and cuts an exact amount everywhere. >> i don't have any knowledge of that. >> i know you don't. >> -- for 1950s -- >> they talk about baldness like it's a sickness, like you've got a cure. >> that was how i showed -- because you hav
>> you know, i was an obama guy. i really believed that -- >> see, was is the operative word. >> joe, you said you wanted to haircut somebody out. >> i said a flowbee. >> here's mary. >> take 0.3 of an inch. >> 0.03 of an inch. >> he's willing to take 3% off. >> why don't we just give it to you and you take it over there and cut it and then bring it back here. >> randomly, mary. that's the idea. it's a random 3% cut that he's willing...
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Feb 22, 2013
02/13
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CNBC
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president obama, holding a white house open data day hack-a-thon. today. joe had a different view of what a hack-a-thon was in the white house. but we'll bring -- >> bringing back gibbs and axelrod, and -- >> colleagues of yours. >> colleagues of yours. okay. we're going to continue on. the administration is inviting developers and tech experts to come share some ideas, hack-a-thons are common in the tech industry with the goal to figuring out creative solutions to problems you may remember facebook engineers celebrated their ipo by having a hack-a-thon. don't worry, jim. >> you got to love the name hack-a-thon, don't you? >> the fed minutes spooked investors on thursday. and our next guest took to twitter to offer his thoughts. joining us right now is bill gross. he is the co-cio founder and managing director at pimco and bill it's great to see you this morning thanks for getting up early with us. >> thank you, becky. i'm wide awake. >> we have been talking about your tweet all morning long. talked a little bit earlier just for anybody who didn't see it.
president obama, holding a white house open data day hack-a-thon. today. joe had a different view of what a hack-a-thon was in the white house. but we'll bring -- >> bringing back gibbs and axelrod, and -- >> colleagues of yours. >> colleagues of yours. okay. we're going to continue on. the administration is inviting developers and tech experts to come share some ideas, hack-a-thons are common in the tech industry with the goal to figuring out creative solutions to problems...
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Feb 13, 2013
02/13
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we're going to try to hold an obama nominee to a standard that president obama set. you laid it out correctly, that president obama, in the campaign, made a very very big deal out of the unethical immoral business of investing in the cayman islands. so you would expect -- you wouldn't expect him then to appoint somebody that did exactly the same thing that ends up making the president look hypocritical by nominating such a person who did exactly the same thing that they criticized governor romney for. >> being hypocritical in washington, that's certainly not very unique, i don't think, senator, right? i guess it's politics, the political season. i understand fully what you're saying, but you don't really have anything, right? no one is saying he even was a tax evader, just he did some of the same things that raised eyebrows during the election. >> unlike four years ago, we had several nominees from this administration that didn't pay their taxes. some paid their taxes and others withdrew their name. there's no charges against lew for that reason. but i think we do ha
we're going to try to hold an obama nominee to a standard that president obama set. you laid it out correctly, that president obama, in the campaign, made a very very big deal out of the unethical immoral business of investing in the cayman islands. so you would expect -- you wouldn't expect him then to appoint somebody that did exactly the same thing that ends up making the president look hypocritical by nominating such a person who did exactly the same thing that they criticized governor...
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Feb 5, 2013
02/13
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president obama has signed a debt ceiling suspension into law. the measure allows the government to keep borrowing to pay its bills. it puts off the next congressional battle over the debt ceiling until may. boeing is asking the faa for permission to resume test flights of its grounded 787 jet. it wants to test the batteries and other components in flight since certain conditions can't be simulated on the ground. the faa is evaluating boeing's request. >>> in wall street 2013 rally interrupted with a major averages suffering their worst one-day loss in a year on monday's trading. the last hour we spoke to goldman's jim o'neil about the prospects of making money in this market. >> i think to sell if you're a medium term player is probably not a smart move. but if you've made all the gains, to take some off the table isn't a crazy idea either. >> joining us now is nouriel roubini, chairman and co-founder of roubini global economics. you're not like a market master, maybe like a market jedi. plus andrew still here from fortune magazine. the one and
president obama has signed a debt ceiling suspension into law. the measure allows the government to keep borrowing to pay its bills. it puts off the next congressional battle over the debt ceiling until may. boeing is asking the faa for permission to resume test flights of its grounded 787 jet. it wants to test the batteries and other components in flight since certain conditions can't be simulated on the ground. the faa is evaluating boeing's request. >>> in wall street 2013 rally...
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Feb 7, 2013
02/13
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president obama had the courage to back him. and it turned out to be successful. in comparison, if i may say so, with what the europeans have done with their banks, where nobody knows what the numbers are, they apply a stress test that was meaningless and here we are some number of years later, they were still, and rightly so, enormous questions about many of the european banks. i think tim has done an excellent job. >> do you push for enough regulation? people look at compensation on wall street and say it's still too much. >> well i don't think that compensation was the purview of tim. you could argue about compensation one way or another and argue what role it played. that's an issue that the policy community is going to have to deal with going forward. but, it wasn't central to what he had to do. >> do you think compensation played a role? obviously the other critique on you has been that you were paid a huge amount of money, $100 million plus. no one's ever asked me and i was wondering if i could, did you get to keep all that money? a lot of it was in stock.
president obama had the courage to back him. and it turned out to be successful. in comparison, if i may say so, with what the europeans have done with their banks, where nobody knows what the numbers are, they apply a stress test that was meaningless and here we are some number of years later, they were still, and rightly so, enormous questions about many of the european banks. i think tim has done an excellent job. >> do you push for enough regulation? people look at compensation on...
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Feb 8, 2013
02/13
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. >> david, obama care is coming. how is that going to affect your company? >> we see obama care as driving change in the marketplace and change is good because maybe to your core question, the status quo is not acceptable. we need to take costs out of the system and increase quality. for us, focus more on services. the change in the marketplace is a positive. one of the biggest changes we see happening in the united states is the opportunity to partner with physicians, to collaborate with physicians, to drive increases in health quality. today we have over 50 collaboratives already up and running in the united states where physicians are more paid based on the quality of outcomes haves the quality of services. as a result, people are getting better quality of outcomes, better services and costs are coming out of the system. >> david, give us a -- your outlook for the year ahead and a little bit beyond that. to what extent, when washington is -- it's in the middle right now of the process of trying to find cost savings. do you expect some of those cost saving
. >> david, obama care is coming. how is that going to affect your company? >> we see obama care as driving change in the marketplace and change is good because maybe to your core question, the status quo is not acceptable. we need to take costs out of the system and increase quality. for us, focus more on services. the change in the marketplace is a positive. one of the biggest changes we see happening in the united states is the opportunity to partner with physicians, to...
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Feb 20, 2013
02/13
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austin didn't mention the obama-care tax or payroll tax or any of that. those are all headwinds, too. >> listen, i think the impasse in washington is just crazy right now. i am absolutely for not having the sequestration. it's just too blunt of an object. >> but the two sides have not been able to -- >> zero. >> no common room -- common ground. >> if you could cut 85 you wanted to cut? >> in a nanosecond. >> do you have 85 you want to cut? >> do i know it off the top of my head. i think you need to still hit the revenue side. you need revenues and spending to be that fly% differential, you have to get there. you need revenues up by 18%. >> do you get that growing or additional taxes? >> i don't want to use the word taxes and i'm not trying to -- i don't think we're talking about tax rates here. there are certainly revenue loopholes we could be closing. >> we're supposed to close those to lower marginal rates. >> but we didn't. >> simpson-bowles we were lowering marginal rates and closing loopholes. now, we raise annual rates and you close loopholes. >> it
austin didn't mention the obama-care tax or payroll tax or any of that. those are all headwinds, too. >> listen, i think the impasse in washington is just crazy right now. i am absolutely for not having the sequestration. it's just too blunt of an object. >> but the two sides have not been able to -- >> zero. >> no common room -- common ground. >> if you could cut 85 you wanted to cut? >> in a nanosecond. >> do you have 85 you want to cut? >> do i...
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Feb 14, 2013
02/13
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and we got obama care. and obama care, when you look at the complexities in that plan, health care costs are going to go up, they're not going to go down. and you've got temporary workers to deal with. retail has got a hell of a problem. going from 35 hours a week to 30 hours a week for a temporary employee. if you've got 50 employees. you want 49. there's so many complexities in these two things. so my concern about acceleration, is regulatory. warren may have a different view of that. >> interesting thing is i agree with everything jack has said, but it's -- it's i don't come away as pessimistic as he does. but he's absolutely right about, you know, about what's happening with health care, and everything. i don't disagree with a word that he said. that he said. >> and i'm not pessimistic, warren. i'm not pessimistic. i just think we -- we're at a position where we could really take off if we had the right policies. >> yeah. well i -- i -- the interesting thing kind of is that america really is doing bette
and we got obama care. and obama care, when you look at the complexities in that plan, health care costs are going to go up, they're not going to go down. and you've got temporary workers to deal with. retail has got a hell of a problem. going from 35 hours a week to 30 hours a week for a temporary employee. if you've got 50 employees. you want 49. there's so many complexities in these two things. so my concern about acceleration, is regulatory. warren may have a different view of that....
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Feb 26, 2013
02/13
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president obama urging compromise in congress as the deadline for the sequestration looms. meantime, global markets dealing with the uncertainty in europe. former treasury secretary larry summers. good morning, larry. >> good to be with you. >> let's talk sequester first. we can get to italy, but when you think about what's going to happen at the end of the this week, the assumption in the markets is that we're going over. if you listen to the folks in washington, the world is going to come to an end. if you listen to the folks on wall street, it's no big deal. who is right? >> look, the world will still keep turning. but this is a self-inflicted wound from which we have nothing to gain. hundreds of thousands of jobs will be lost if this plays out over a long time period. the most powerful country in the world is canceling military deployment, that its leading military figures think are essential, not because of any fundamental problem, but because of a political squabble. that is not how the greatest country in the world should be governing itself. this should be brought t
president obama urging compromise in congress as the deadline for the sequestration looms. meantime, global markets dealing with the uncertainty in europe. former treasury secretary larry summers. good morning, larry. >> good to be with you. >> let's talk sequester first. we can get to italy, but when you think about what's going to happen at the end of the this week, the assumption in the markets is that we're going over. if you listen to the folks in washington, the world is going...
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Feb 11, 2013
02/13
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tomorrow we preview president obama's state of the union. i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service®, works for thousands of home businesses. because at usps.com®, you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small.
tomorrow we preview president obama's state of the union. i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service®, works for thousands of home businesses. because at usps.com®, you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small.
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Feb 24, 2013
02/13
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FBC
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it has grown under president obama and cut the pay five percent. federal pay did not go down in the great and cutut foreign aid to the brotherhood. >> get rid of obama care and tax hike is going to really hurt the economy. if you get rid of obama care. you can save money . and that is incompetent . and so i say end the drug war. right there you can get rid of dea agents and get rid of prisons that have people in there just because they have a different way of wanting to be feeling good. >> steve has so many cuts that it adds up to more than 17 billion and almost 85 billion there. >> how about 12 billion of wind energy credits. >> windmillings. >> 12 billion more for wind fills . 20 billion of pork in the sandy bill . subsidies to higher education . how about no more sib sidies unless colleges freeze or cut tuition. that save monep. >> steve what about rick's claim that cutting firefighters. >> this is typical washington monument. they make sure it is the most public and so the pressure is on to say to restore. you could cut 200 billion and no one w
it has grown under president obama and cut the pay five percent. federal pay did not go down in the great and cutut foreign aid to the brotherhood. >> get rid of obama care and tax hike is going to really hurt the economy. if you get rid of obama care. you can save money . and that is incompetent . and so i say end the drug war. right there you can get rid of dea agents and get rid of prisons that have people in there just because they have a different way of wanting to be feeling good....
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Feb 21, 2013
02/13
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FBC
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obama will say, it is the other guys that did it, it's not me, and the blame will stick. lou: is it that republicans don't understand president obama is playing smartly and for keeps? it is like the republicans do not understand that this is not a dress for her soul. it is a reality. it is now. it is urgent. >> we have seen a lack of consensus in every level. the republicans are ready for someone to stand up and say, wait a minute. lou: all of our colleagues on this network are saying it. give us an answer. >> the democratic party in 1984, they just got beaten by in the 1980s. and then they had one more loss in 1988 before they really woke up and change their children under the direction of bill clinton in 1992. it happened to republicans as well. lou: we will take our comfort in his report tonight. judith miller, hank sheinkopf, thank you for being with us. coming up tomorrow, we will be joined by congressman nunes of california and ambassador john bolton. please join us, we will see you tomorrow. goodnight, from new york. neil: all right, china. we are warning you. one
obama will say, it is the other guys that did it, it's not me, and the blame will stick. lou: is it that republicans don't understand president obama is playing smartly and for keeps? it is like the republicans do not understand that this is not a dress for her soul. it is a reality. it is now. it is urgent. >> we have seen a lack of consensus in every level. the republicans are ready for someone to stand up and say, wait a minute. lou: all of our colleagues on this network are saying it....
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Feb 4, 2013
02/13
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president obama once again says he's going to seek to get new revenue to help bring down the deficit and specifically, he's now calling out carried interest tax breaks again. we'll see where that goes. plus, the story that everyone is talking about this morning, the ravens holding on to beat the 49ers in the super bowl after the lights went out for 45 minutes at the superdome. we're going to try to keep the lights on. "squawk box" begins right now. ♪ if you like it then you should have put a ring on it ♪ ♪ if you like it then you should have put a ring on it ♪ >> good morning, everybody. i'm becky quick along with andrew ross sorkin. joe kernen is on vacation today so we're joined by steve liesman. we're happy to have him here. our top story this morning, the market. we have assembled a trio of wall street's most respected voices to join us for the next hour. we have a lot to talk about this morning. plus, there is that issue of the lights going out at the super dole last night. officials say an abnormality in the power system triggered an automatic shutdown forcing backup sy
president obama once again says he's going to seek to get new revenue to help bring down the deficit and specifically, he's now calling out carried interest tax breaks again. we'll see where that goes. plus, the story that everyone is talking about this morning, the ravens holding on to beat the 49ers in the super bowl after the lights went out for 45 minutes at the superdome. we're going to try to keep the lights on. "squawk box" begins right now. ♪ if you like it then you should...
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Feb 12, 2013
02/13
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he's never going to leave barack obama very far. we talked to him about the state of the union, about its impact on some of the fights like the budget sequester. he said he's not sure that the sequester is going to happen or not, whether they're going to make a deal, but this is the single biggest opportunity he's got to make his case on why we need revenues as well as spending cuts. here is david axelrod on the significance of the state of the union to that effort. >> we have a standoff on these issues. this is the largest audience he's going to have. the goal is to move public opinion because that's what moves congress. i think some of the reasons we now see some moment on issues like immigration reform, for example, has to do less with what the president said and more with what the american people have said. >> i also talked to david about the attitude the president has shown since the election. he certainly had a little bit more spring in his step. some people say he's been cocky since that election, throwing a couple of elbows
he's never going to leave barack obama very far. we talked to him about the state of the union, about its impact on some of the fights like the budget sequester. he said he's not sure that the sequester is going to happen or not, whether they're going to make a deal, but this is the single biggest opportunity he's got to make his case on why we need revenues as well as spending cuts. here is david axelrod on the significance of the state of the union to that effort. >> we have a standoff...
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Feb 26, 2013
02/13
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KGO
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with only three days, president obama heads to virginia to highlight the impact of $85 million in automatic budget cuts looming over the united states. the president will speak at the newport news shipbuilding yard today. defense cuts would sharply affect the industrial city where the navy makes aircraft carriers and submarines. the president will, again, call on republicans to sign off on a new debt reduction plan that includes both budget cuts and higher tax revenues through the closing of loopholes and deductions. waking up? not terribly cold this morning. if you look behind me, bay bridge lights so pretty, and it is very clear. >> absolutely. that is one thing we have with the dry air the fact that there is a lab of fog. visibility is unlimited but at half moon bay it is down to four miles, not too bad. winds are calm at he to five miles per hour in most areas with a northeast wind in santa rosa at ten miles per hour but that is why the temperatures are 41 degrees right now with the winds keeping your air from getting stagnant and cooling. we will start off in the mid-to-upper 30's thro
with only three days, president obama heads to virginia to highlight the impact of $85 million in automatic budget cuts looming over the united states. the president will speak at the newport news shipbuilding yard today. defense cuts would sharply affect the industrial city where the navy makes aircraft carriers and submarines. the president will, again, call on republicans to sign off on a new debt reduction plan that includes both budget cuts and higher tax revenues through the closing of...
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Feb 7, 2013
02/13
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KQED
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the man that president obama has tapped to be his next spy chief says that the white house goes through agony to make sure that there are no collateral deaths in these attacks. >> a panel of senators brimming with questions. barely a few words in, the first interruption but not from politicians. >> i am honored to appear before you today as the president's nominee. >> would you hold please? i will ask the police to please remove this woman. >> four times, protesters interrupted at the hearing. there was a vocal opposition to the program and to john brennan becoming the next director. he was questioned over his past involvement in enhance interrogation techniques. >> i've expressed my personal objections to my colleagues about certain of those situations such as water boarding, nudity, and others. i've expressed my personal objections but i did not try to stop it because it was something that was being done in a different part of the agency under the authority of others. >> when asked about john strikes, he criticized the protesters. >> i think there is an impression on the part of some
the man that president obama has tapped to be his next spy chief says that the white house goes through agony to make sure that there are no collateral deaths in these attacks. >> a panel of senators brimming with questions. barely a few words in, the first interruption but not from politicians. >> i am honored to appear before you today as the president's nominee. >> would you hold please? i will ask the police to please remove this woman. >> four times, protesters...
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Feb 20, 2013
02/13
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WJLA
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. >> and now congress is on break and president obama spent the weekend hanging out with tiger woods. however, there are a lot of people optimistic that the white house and congress will get down to business and come up with an agreement to avert sequestration san. reporting live, abc7 news. >> thank you. stay with abc7 news for complete coverage of the countdown to sequestration. for instant updates, log onto wjla.com and our social network websites on facebook and twitter. we will have much more on abc7 news at eleven o'clock. gordon? >> breaking news in prince george's county. police arrested five people in connection with the murder of a suitland high school student. detectives believe that charles "chuck" walker was gunned down four issues. brad bell has the latest. >> this is a crime that horrified the community. 15-year-old charles walker, walking down the street clothes to give some. he was carrying a bag from a shoe store. he was taking shoes home to his girlfriend, when he was gunned down on the st.. -- the street. today police announced the arrest of five men. five men, the
. >> and now congress is on break and president obama spent the weekend hanging out with tiger woods. however, there are a lot of people optimistic that the white house and congress will get down to business and come up with an agreement to avert sequestration san. reporting live, abc7 news. >> thank you. stay with abc7 news for complete coverage of the countdown to sequestration. for instant updates, log onto wjla.com and our social network websites on facebook and twitter. we will...
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Feb 15, 2013
02/13
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. >> rick, 11,629 people go on food stamps each day. 31 million when obama came in. 47 million now. that's more than the population of spain, 47 million. we all want to help people that are needy. but it's probably not a good idea to create and add to the people that are needy and then feel virtuous about helping them. if policies were able to take -- the 16 million back off food stamps that are on now by giving them jobs, by instituting policies that give them jobs to where they're -- i mean it's so good to feel good on the front end about being virtuous about helping people that are needy but what if you're adding to all the people that are actually in need, steve? >> one statistic that summarizes it, sequester. everybody's talking about the sequester. if "the wall street journal" pointed out, the amount of money we're talking about for one year on the sequester's cuts is one-third of one percent of the 3.6 trillion that we would have if we had a budget. but that's the number. we can't -- one-third of one percent of our budget? oh, my god! if anybody thinks we're going to give tho
. >> rick, 11,629 people go on food stamps each day. 31 million when obama came in. 47 million now. that's more than the population of spain, 47 million. we all want to help people that are needy. but it's probably not a good idea to create and add to the people that are needy and then feel virtuous about helping them. if policies were able to take -- the 16 million back off food stamps that are on now by giving them jobs, by instituting policies that give them jobs to where they're -- i...
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Feb 22, 2013
02/13
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KRCB
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he said obama is eager to hear about a dispute with china. abe is meeting obama for the first time since he moved back into the prime minister's office two months ago. they are expected to discuss a free trade deal, the alliance between their countries and the push for united nations sanctions on north korea. obama wants to hear abe's take on the dispute over the senkaku islands. japan nationalized the islands in december. china and taiwan claim them. it's in the interest of the obama administration to have the dispute solved in a peaceful manner. prime nister abe i planning visitussia borehe end of the year to meet with the president. when he does another dispute, another issue will be on the agenda. russia control tgs islands and japan claims them. >> translator: this is an important year to build a new relationship. i hope it paves the way for abe's visit. >> mori delivered a letter from abe. putin said he, too, hoped for better things ahead. >> translator: i'm looking forward to meeting with prime minister abe. i hope it will lead to impr
he said obama is eager to hear about a dispute with china. abe is meeting obama for the first time since he moved back into the prime minister's office two months ago. they are expected to discuss a free trade deal, the alliance between their countries and the push for united nations sanctions on north korea. obama wants to hear abe's take on the dispute over the senkaku islands. japan nationalized the islands in december. china and taiwan claim them. it's in the interest of the obama...
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Feb 25, 2013
02/13
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CNBC
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and obama care is not even mandated until 2014. what makes you think that given all the headwinds that we're going to see, just in terms of, you know, regulations and new programs that in 2014 we're going to be in a better position to absorb some of these cuts? i'm worried now we're never going to be in a good position to absorb cuts economically. we may never have any growth. >> i'm more optimistic than that. we've talked about this before, joe. but, i think 2013, in gdp terms, is a transitional year, transitioning from these five years of weakness following all the events of 2008, into a stronger economy, mid 2014, end of 2014 -- >> that's a long transition. >> i think that's the case because of housing, because of energy, because of manufacturing, because of the end of household deleveraging, and i really think we're going to enter into a stronger period. it's not going to be this year. but i think it's coming. >> roger i want to go back to what becky said, which is let's say if you had a week to redo this plan. you still have t
and obama care is not even mandated until 2014. what makes you think that given all the headwinds that we're going to see, just in terms of, you know, regulations and new programs that in 2014 we're going to be in a better position to absorb some of these cuts? i'm worried now we're never going to be in a good position to absorb cuts economically. we may never have any growth. >> i'm more optimistic than that. we've talked about this before, joe. but, i think 2013, in gdp terms, is a...
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Feb 7, 2013
02/13
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KICU
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president obama has nominated a business insider to run the department of the interior. sally jewell, ceo of the successful outdoor equipment company rei, has been nominated for the position. jewell is also a former banker and has worked as an official in the oil industry. she took over rei in 2005, and, if confirmed, will take her knowledge of the outdoors to the interior department. "the secretary of the interior is in charge of overseeing 500 million acres of public land in places like yellowstone and the grand canyon, and protecting our natural heritage for our children and our grandchildren." other notable capitol hill moves: timothy geithner, after departing from his role as treasury secretary, is now joining the council on foreign relations. lance armstrong continues his downhill spin. the discgraced cyclist is now under an active criminal investigation by federal authorities according to a-b-c news. the focus is reportedly obstruction, witness tampering and intimidation. armstrong gave his first interview last month since being stripped of his seven tour de franc
president obama has nominated a business insider to run the department of the interior. sally jewell, ceo of the successful outdoor equipment company rei, has been nominated for the position. jewell is also a former banker and has worked as an official in the oil industry. she took over rei in 2005, and, if confirmed, will take her knowledge of the outdoors to the interior department. "the secretary of the interior is in charge of overseeing 500 million acres of public land in places like...
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Feb 25, 2013
02/13
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KICU
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president obama heads to virginia tuesday, where he will deliver a speech at newport news shipbuilding -- which produces "navy" ships. cuts to the nation's defense budget could top 45 billion dollars. > >"i have been very clear, these kind of arbitrary budge cuts will have an adversarial effect..... on our military rediness." if there is no deal out of congress... there will be a total of 85 billion dollars in automatic cuts. those reductions could slow air traffic, as security and airport maintenance workers are forced to go on leave. cme group tells the chicago tribune-- sequestration could also effect cattle trading and more. livestock and dairy trading contracts depend on the u.s. ag department's inspections. meanwhile, gop lawmakers characterize tax increases as a "nonstarter" to the debate. lawyers gather today in new orleans for the civil trial against b-p. it's been just about 3 years since the explosion aboard the deepwater horizon rig-- that sent oil spewing for months into the gulf of mexico. billions of dollars are on the line for businesses and residents affected by the sp
president obama heads to virginia tuesday, where he will deliver a speech at newport news shipbuilding -- which produces "navy" ships. cuts to the nation's defense budget could top 45 billion dollars. > >"i have been very clear, these kind of arbitrary budge cuts will have an adversarial effect..... on our military rediness." if there is no deal out of congress... there will be a total of 85 billion dollars in automatic cuts. those reductions could slow air traffic, as...
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Feb 8, 2013
02/13
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KQED
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citizen and the obama administration agreed to show congress the legal opinion justifies such attacks. the white house argues that from strikes effectively target america's enemies but critics cite heavy civilian casualties and the u.s. relies on them too much. >> the drone is the only weapon that really frightened insurgents. it is ineffective. we cannot possibly kill these people one at a time and expect to come out on top. >> they are clearly not invincible. iranian tv has shown these pictures that come from a u.s. surveillance drone they captured two years ago. it's interesting timing. >> with me here in the studio is a former adviser to president obama's special up is that it to afghanistan and pakistan. you understand this area of the world very closely. how important is this to the national security? >> it has killed a number of al qaeda leaders but it has not decimated the organization completely. it has pushed them to move into other areas of the middle east. also, at a very high political cost. it does cause an enormous amount of anger in pakistan which has helped to spread
citizen and the obama administration agreed to show congress the legal opinion justifies such attacks. the white house argues that from strikes effectively target america's enemies but critics cite heavy civilian casualties and the u.s. relies on them too much. >> the drone is the only weapon that really frightened insurgents. it is ineffective. we cannot possibly kill these people one at a time and expect to come out on top. >> they are clearly not invincible. iranian tv has shown...
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Feb 1, 2013
02/13
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CNBC
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austan goolsbee is the chairman of the former economic advisers under president obama. and jared bernstein is former economic adviser to vice president biden. he's a senior fellow at the center on budget and policy priorities and a cnbc contributor. of course we have steve liesman with us and our guest host today kelly king who is chairman and ceo of bb and t. let's go down the line. we were just talking a little bit, mark, about your adp prediction. the number was private payrolls. what are you looking for? >> 180,000 jobs. and unemployment rate stays steady at 7.8%. >> you're a little ahead. >> what is consensus? >> 160 to 166 depending on which one, i think thompson was at 160. >> i actually think if you had done one overnight, i think it's crept up. i think the expectation on the street is a bit higher than this 166 right now. >> why is that? >> because of adp. because of a bunch of other things. people seem to have gotten a little more optimistic. i read about half a dozen reports this morning, they were all in the 180, 190 range. >> did the issue impact -- >> ever
austan goolsbee is the chairman of the former economic advisers under president obama. and jared bernstein is former economic adviser to vice president biden. he's a senior fellow at the center on budget and policy priorities and a cnbc contributor. of course we have steve liesman with us and our guest host today kelly king who is chairman and ceo of bb and t. let's go down the line. we were just talking a little bit, mark, about your adp prediction. the number was private payrolls. what are...
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Feb 12, 2013
02/13
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WGN
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president obama's pick for defense secretary faces his next big test today. the senate armed services committee will decide this afternoon on whether to advance chuck hagel's nomination. hagel sat through a bruising hearing back on janaury 31st. republicans went after him over his past statements and votes on israel, iran, iraq, and nuclear weapons. despite g-o-p criticism, the democratic-controlled committee is expected to vote in favor of him today. the entire senate could vote on his nomination either tomorrow or thursday. the vatican is dismissing reports that pope benedict the 16th's decision to step down was linked to a medical intervention to replace the battery in his pacemaker. this is the first time the vatican has mentioned a papal pacemaker which was installed years before benedict became pope. the pope blames it on old age and declining helath and the vatican says no specific ailment forced him resign already there's lots of guessing about who will succeed pope benedict when he resigns. many have suggested that the growth of catholicism in africa
president obama's pick for defense secretary faces his next big test today. the senate armed services committee will decide this afternoon on whether to advance chuck hagel's nomination. hagel sat through a bruising hearing back on janaury 31st. republicans went after him over his past statements and votes on israel, iran, iraq, and nuclear weapons. despite g-o-p criticism, the democratic-controlled committee is expected to vote in favor of him today. the entire senate could vote on his...
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Feb 19, 2013
02/13
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CNBC
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says, if we follow president obama's plan, the u.s. in 25 years will be in worse shape than greece is today. >> by the way, stan druckenmiller, he is going to become more publicly vocal. >> is he? >> yes, he is. because he feels strongly that this is just a rape of unborn children. it's -- it's generational theft on an enormous magnitude. i frequently, if i have to give a talk, i ask people, particularly if they're older like i am, i say to them if you had one meal left, and you had your grandchild with you, would you eat it or would you give it to your grandchild? they all say, i'll give it to my grandchild. guess what? they're eating their grandchildren's breakfast, lunch and dinner right now, and they haven't been born yet. this is going to happen. >> right. >> these are -- >> i think these are absolutely great points. i mean, our prior perspective on this has been the periods in when you get big bull markets on stocks, when p/e multiples go to 20, the '50s '80s and nineties, those occurred with stable monetary policy, government sp
says, if we follow president obama's plan, the u.s. in 25 years will be in worse shape than greece is today. >> by the way, stan druckenmiller, he is going to become more publicly vocal. >> is he? >> yes, he is. because he feels strongly that this is just a rape of unborn children. it's -- it's generational theft on an enormous magnitude. i frequently, if i have to give a talk, i ask people, particularly if they're older like i am, i say to them if you had one meal left, and...
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president obama asked iran to return it. >> president obama says the new pick for the c.i.a. chief will face a lot of questions for the drone warm. john brennan will testify in half an hour. he is expected to be grilled about strikes targeting terrorists overseas. >> boeing 787 dreamliner has safely landed in washington in the first test flight since the fleet was grounded around the world. the jet flew from texas with a skeletal crew and landed in the past hour at boeing facility in washington state. the flight is happening as a federal safety official urges the government to revoke approval for the batteries used in the dreamliner. several jets had fired sparked by the we batteries. a boeing official says it will not talk about compensating affected airlines until after the grounded jets are back in service. >> mike nicco is right when he predicted the rain. >> it was much needed. we have breaks in the cloud cover. the second round will come in tonight and it could be interesting with lightning, thunder, small hail and snow. we will talk about when it gets do your neighborh
president obama asked iran to return it. >> president obama says the new pick for the c.i.a. chief will face a lot of questions for the drone warm. john brennan will testify in half an hour. he is expected to be grilled about strikes targeting terrorists overseas. >> boeing 787 dreamliner has safely landed in washington in the first test flight since the fleet was grounded around the world. the jet flew from texas with a skeletal crew and landed in the past hour at boeing facility...
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Feb 22, 2013
02/13
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KGO
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so michelle obama teeming up with big bird to help fight childhood obesity. the coincides with the tour for the third anniversary of her let's move campaign. >> this is a terrific story. a hospital is marking an unlikely milestone by a truly extraordinary man. >> i work and this is how it works. just. >> he has been shining shoes at children's hospital of pittsburgh 32 years in that time, every tip received is donated to the free care fund. >> started working at the hospital in 1981. this week he will pass the $200,000 mark in donation autos wow. >> just his heart. the size of his heart is tremendous. >> amazing. one person can do so much. how often do you find people that nice? i mean really, that nice? >> he's a pure, good person. it's -- nothing but good in this man. >> everybody at the hospital just marvels at the generosity of a simple man shining shoes since 1957. low-key, soft spoken man admits it's good to be a hero. >> $200,000. >> helps big time. >> it is. >> apple's siricv+á voice recognition getting fierce competition. >> yes. authorities partner
so michelle obama teeming up with big bird to help fight childhood obesity. the coincides with the tour for the third anniversary of her let's move campaign. >> this is a terrific story. a hospital is marking an unlikely milestone by a truly extraordinary man. >> i work and this is how it works. just. >> he has been shining shoes at children's hospital of pittsburgh 32 years in that time, every tip received is donated to the free care fund. >> started working at the...
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Feb 20, 2013
02/13
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KGO
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a poll released shows 62 percent of registered voters approve of president obama's job performance and that is up from 58 percent in september. the poll found california people are more optimistic of the direction in which the country is headed. abc7 news anchor dan ashley is the only bay area journal list to interview president obama today at the white house. his report live from washington, dc, start airing tonight on our newscast going at 5:00 p.m. here on abc7 news. dan is also tweeting from washington. before dan got down to business this morning he spent time with the first dog, tweeting this picture of him and bo on the south lawn of the white house. dan got to meet bo? >> can't wait to see the report. still ahead, new developments on the grounding of the boeing dreamliner airplane with a fix being presented to solve a potentially dangerous battery issue. and the latest on what rescue crews found in the rubble of kansas city >> breaking news from mission district with evacuations are under way because of a gas leak a one block area near 24th and bryant has been cleared. the gas
a poll released shows 62 percent of registered voters approve of president obama's job performance and that is up from 58 percent in september. the poll found california people are more optimistic of the direction in which the country is headed. abc7 news anchor dan ashley is the only bay area journal list to interview president obama today at the white house. his report live from washington, dc, start airing tonight on our newscast going at 5:00 p.m. here on abc7 news. dan is also tweeting...
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Feb 18, 2013
02/13
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MSNBCW
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let's take obama care and put it on the table. you can make $86,000 a year in income and still get a government subsidy under obamacare. obamacare is destroying health care in this country. people are leaving the private sector because their companies can't afford to offer obamacare. if you want to look at ways to find $1.2 trillion in savings over the next decade, let's look at obamacare. let's don't destroy the military and just cut blindly across the board. >> okay. could i ask a quick question? you know i don't really follow politics. >> well, and you eat munchkins. >> ooi'm looking at this quote here. i'm against obamacare. i was really upset when it passed. i didn't say as everybody republican did freedom died tonight. freedom can only die so many times. >> and it didn't. >> lindsey says obamacare is destroying america. doesn't that not get implemented until 2014? i'm just curious. >> most of it. >> a lot of it. >> is this a prequal? >> he has a premonition. >> so it's a premonition. >> premonition. >> okay. fair enough. go
let's take obama care and put it on the table. you can make $86,000 a year in income and still get a government subsidy under obamacare. obamacare is destroying health care in this country. people are leaving the private sector because their companies can't afford to offer obamacare. if you want to look at ways to find $1.2 trillion in savings over the next decade, let's look at obamacare. let's don't destroy the military and just cut blindly across the board. >> okay. could i ask a quick...
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Feb 10, 2013
02/13
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CNN
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. >>> president obama lays out his vision for the country. it is his fifth state of the union address. what do you think he needs to say? we'll have a preview of tuesday night's speech and hear what some are saying the president must talk b. those details, right after this break. oil changes at meineke are always a great deal. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. >>> while our confidence may be shaken, we are living through difficult and uncertain times, tonight i want every american to know this -- we will rebuild, we will recover and the united states of america will emerge stronger than before. >> remember that? that was president obama's promise to americans during his first state of the union address after he took office in 2009. now we're up to state of the union address number five. the first one after he was re-elected. so what is he expected to say? our athena jones has details. >> reporter: the state of the union address -- >> members of
. >>> president obama lays out his vision for the country. it is his fifth state of the union address. what do you think he needs to say? we'll have a preview of tuesday night's speech and hear what some are saying the president must talk b. those details, right after this break. oil changes at meineke are always a great deal. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. >>> while our...
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Feb 22, 2013
02/13
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KICU
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in our cover story, the obama adminsitration turns cyber sleuth, trying to catch thieves - which could include foreign interests - from stealing vital information over the internet. from public utilities to private companies, the president is taking steps to protect all of it from cyber thieves. "we cannot look back years from now and wonder why we did nothing in the face of real threats to our security and our economy." the push for cyber security coincides with a report from computer security firm mandiant saying it exposed china's military directing cyber espionage of u.s. companies. the report said the chinese stole technology blueprints, proprietary manufacturing processes, partnership agreements, contact lists and more. "businesses need to be both aware of cyber security problems and to be proactive in adopting best practices to protect themselves and our economy." "their designs are taken. they may find them sold to chinese companies who eat into the market share of that company. overall, the u.s. economy can be hurt." the response from the white house: a series of executive ord
in our cover story, the obama adminsitration turns cyber sleuth, trying to catch thieves - which could include foreign interests - from stealing vital information over the internet. from public utilities to private companies, the president is taking steps to protect all of it from cyber thieves. "we cannot look back years from now and wonder why we did nothing in the face of real threats to our security and our economy." the push for cyber security coincides with a report from...
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Feb 10, 2013
02/13
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CNNW
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. >>> president obama lays out his vision for the country. it is his fifth state of the union address. what do you think he needs to say? we'll have a preview of tuesday night's speech and hear what some are saying the president must talk b. those details, right after this break. oil changes at meineke are always a great deal. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. wow-a grt deal just got a whole lot better. thyou eat less...ing weiyou lose weight.et. it's a great plan... until you get hungry. that's the time to take slimful. one tasty 90-calorie slimful and a glass of water satisfies hunger for hours making it easier to eat smaller meals, and resist snacking. your friends might think you found the secret to losing weight. but it's no secret... it's slimful. eating less is a beautiful thing. >>> while our confidence may be shaken, we are living through difficult and uncertain times, tonight i want every american to know this -- we will rebuild, we wi
. >>> president obama lays out his vision for the country. it is his fifth state of the union address. what do you think he needs to say? we'll have a preview of tuesday night's speech and hear what some are saying the president must talk b. those details, right after this break. oil changes at meineke are always a great deal. then you're going to love this. right now they're only $14.95! wow-a grt deal just got a whole lot better. hurry. $14.95 won't last. wow-a grt deal just got a...
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Feb 22, 2013
02/13
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WRC
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president obama reaching out to republicans p republican leaders in what may be a last-ditch effort to avoid sequestration. he called house speaker john boehner and mitch mcconnell yesterday to discuss the looming spending cuts. we're not hearing of any progress toward a deal, but the white house says the conversations went well. drastic spending cuts take effect a week from today if the president and congress cannot reach an agreement. >>> president obama will head to a shipyard in newport news, virginia, next week. he'll go there to warn of what the sequestration will mean to the defense industry. that area's economy is entirely -- he is heavily, if not entirely dependent on the military. it will weaken national security. news 4 will have you covered as the sequestration showdown continues. we'll bring you every development as that march 1st deadline approaches. you'll find the latest updates at nbcwashington.com. >>> anne arundel county will try to put a scandal era behind it. laura newman will officially assume the role at 10:00 replacing disgraced executive john leopold. leopold r
president obama reaching out to republicans p republican leaders in what may be a last-ditch effort to avoid sequestration. he called house speaker john boehner and mitch mcconnell yesterday to discuss the looming spending cuts. we're not hearing of any progress toward a deal, but the white house says the conversations went well. drastic spending cuts take effect a week from today if the president and congress cannot reach an agreement. >>> president obama will head to a shipyard in...
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Feb 22, 2013
02/13
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WTTG
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. >> president obama has not decided how many troops would remain in afghanistan. officials say he's still reviewing options. >>> now tonight, the department of defense grounded its entire fleet of f-35 war planes due to engine problems. the authorities say a crack was found on a turbine blade during a routine inspection on tuesday. the decision affects fighter planes for the air force, marines and navy. >>> willgoing -- boeing get the dreamliners cleared for takeoff? and staying safe, how to protect your identity when your bangor credit card company is hacked. >> the weekend is here but this friday night is featuring cold temperatures and drizzle. the problem is some of that drizzle might put down some glaze. we're talking about winter weather advisory advisories for some of you. lindsay, what about sports? >> rg3 shows off his progress at rehab one each at a time and is geo gonzalez in the clear? the carrier dome is preparing to say goodbye to the best rivalry in the biggest. -- east. brian. >> and if you have a story idea, there is a number and e- mail address.
. >> president obama has not decided how many troops would remain in afghanistan. officials say he's still reviewing options. >>> now tonight, the department of defense grounded its entire fleet of f-35 war planes due to engine problems. the authorities say a crack was found on a turbine blade during a routine inspection on tuesday. the decision affects fighter planes for the air force, marines and navy. >>> willgoing -- boeing get the dreamliners cleared for takeoff?...
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. >> president obama will speak at the national prayer breakfast underway in washington, dc, right new. the president is scheduled to address matters of faith. these are live pictures from the prayer breakfast. the president has not begun speaking. the event is sponsored by the evangelical fellowship foundation held at the hilton international hotel and provides a venue for president obama to deliver the first major remarks to america's faith community since announcing his support for gay marriage last may. >> house democrats will unveil 15 proposals for curbing gun violence on capitol hill. the proposals resemble the president's plan including a call for banning assault weapons, barring magazines that carry more than ten rounds, and requiring background checks on all gun sales. support is coming from california. this afternoon, gun safety advocates in san francisco will hold a vigil at the federal building at 7th and mission street. in sacramento the senate will announce legislation to close loopholes involving firearms regulation in california. >> the marin county district attorney w
. >> president obama will speak at the national prayer breakfast underway in washington, dc, right new. the president is scheduled to address matters of faith. these are live pictures from the prayer breakfast. the president has not begun speaking. the event is sponsored by the evangelical fellowship foundation held at the hilton international hotel and provides a venue for president obama to deliver the first major remarks to america's faith community since announcing his support for gay...
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Feb 22, 2013
02/13
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KPIX
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yesterday president obama called john boehner and mitch mcconnell. none of the parties involved discussed the details of the phone calls. members of the house and senate have been on vacation and are due back on capitol hill this coming monday. >> both sides i think aren't really making a move and both look bad in the process. >> the so-called sequester would mean automatic cuts of $85 billion between march and september. that would include cuts of 8% to the pentagon, 5% to domestic agencies operating budgets. >>> president obama will meet today with japanese prime minister shinzo abay. they will be discussing the north korea nuclear threat. the united states and japan have a security alliance that dates back decades now. the two leaders will also talk about trade and other economic issues. >>> united airlines will keep boeing 787s grounded until june. boeing will go to the faa today with plans to fix the plane's battery problems. the 787 dreamliner has been grounded since two incidents last month. the japanese investigators say they found an oil lea
yesterday president obama called john boehner and mitch mcconnell. none of the parties involved discussed the details of the phone calls. members of the house and senate have been on vacation and are due back on capitol hill this coming monday. >> both sides i think aren't really making a move and both look bad in the process. >> the so-called sequester would mean automatic cuts of $85 billion between march and september. that would include cuts of 8% to the pentagon, 5% to domestic...
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Feb 20, 2013
02/13
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FOXNEWSW
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obama wants to avoid that. couldn't have said it better, that was byron york. >> i hate to use jay carney of cherry picking my quotes but that's what he was doing. i was critical of an op-ed that speaker boehner wrote in the "wall street journal," first sentence saying the sequestration cuts would threaten u.s. national security and cost thousands of jobs. you would thing why are you for them? the argument republicans should be make something it's a first and modest step toward getting control of out of control government spending. >> and modest at that. thank you. . ♪ [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next chapter for the rx and lexus. this is the pursuit of perfection.
obama wants to avoid that. couldn't have said it better, that was byron york. >> i hate to use jay carney of cherry picking my quotes but that's what he was doing. i was critical of an op-ed that speaker boehner wrote in the "wall street journal," first sentence saying the sequestration cuts would threaten u.s. national security and cost thousands of jobs. you would thing why are you for them? the argument republicans should be make something it's a first and modest step toward...